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CleanFund
Usuario
PACE financing provides a pathway for not only rebuilding but also modernizing facilities.
SECTORES
WEB OFICIAL
Sobre CleanFund
Industrial facilities with high energy demands can benefit greatly from incorporating renewable energy sources to reduce operating costs. PACE financing makes this transition easier, as evidenced by Pacific Ethanol, Inc.'s plan to install a 5-megawatt solar photovoltaic system at its bio-refinery. This $10 million project is expected to be cash flow positive from the start, with an annual utility cost savings of $1 million. PACE financing allowed the company to retain full ownership of the solar system while also taking advantage of available tax breaks. This case demonstrates how industrial entities can implement sustainable practices while maintaining financial stability, thereby improving their market position and contributing to environmental conservation.
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